HSN Code 72282000: Bars and rods, of silico-manganese steel

HSN Code 72282000 represents Bars and rods, of silico-manganese steel under GST classification. This code helps businesses identify Bars and rods, of silico-manganese steel correctly for billing, taxation, and trade. With HSN Code 72282000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Bars and rods, of silico-manganese steel.

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Description of Goods for HSN Code 72282000

HSN Code 72282000 relates to the following description.

Description of Goods

Bars and rods, of silico-manganese steel

Chapter

72 - Iron and steel

Sub Chapter

7228 - Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72282000 not include?

Bars and rods, of silico-manganese steel does not include products with the following descriptions.

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Bright bars : Of alloy tool steel

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Bright bars : Other

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Spring steel

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Sulphur bearing steel

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Tool and die steel

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Other

Other bars and rods, not further worked than cold-formed or cold-finished : Of engine valves and cold heading steel

Other bars and rods, not further worked than cold-formed or cold-finished : Other

Angles, shapes and sections : Not further worked than hot-rolled, hot-drawn or extruded : Of 80 mm or more

Angles, shapes and sections : Not further worked than hot-rolled, hot-drawn or extruded : Of less than 80 mm

Angles, shapes and sections : Not further worked than cold-formed or coldfinished : Of 80 mm or more

Angles, shapes and sections : Not further worked than cold-formed or coldfinished : Of less than 80 mm

India’s Trade Performance — HSN Code 72282000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹45 Cr

+86.68% vs FY 2023-24

0.0012% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

−27.90% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹40 Cr

Trade Surplus

Surplus rank #2318 of 12657 HSN codes

% of Sub-Chapter 7228

FY 2024-25

4.71%

Share of Sub-Chapter 7228’s total exports in FY 2024-25

Import side: 0.15% of Sub-Chapter 7228’s imports

Rank Within Sub-Chapter 7228

FY 2024-25

#6 of 27

Position by export value among HSN codes in Sub-Chapter 7228

Import-side rank: #18 of 27

At a glance

51.76%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3773

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+170.97%

Peak Growth Year

FY 2022-23 · strongest single-year move

4.71%

Contribution to Sub-Ch. 7228

Share of Sub-Chapter 7228 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72282000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #6239

Balance

−21.09

Exports

3.67 ₹ Cr

0.0002% share

YoY

0.58% of Sub-Ch. 7228

Imports

24.76 ₹ Cr

0.0007% share

YoY

0.83% of Sub-Ch. 7228

FY 2019-20 Exp. Rank #5611

Balance

−7.86

Exports

6.10 ₹ Cr

0.0003% share

+66.21% YoY

1.23% of Sub-Ch. 7228

Imports

13.96 ₹ Cr

0.0004% share

−43.62% YoY

0.60% of Sub-Ch. 7228

FY 2020-21 Exp. Rank #6566

Balance

−13.18

Exports

2.98 ₹ Cr

0.0001% share

−51.15% YoY

0.61% of Sub-Ch. 7228

Imports

16.16 ₹ Cr

0.0006% share

+15.76% YoY

0.86% of Sub-Ch. 7228

FY 2021-22 Exp. Rank #5865

Balance

+3.66

Exports

7.44 ₹ Cr

0.0002% share

+149.66% YoY

0.54% of Sub-Ch. 7228

Imports

3.78 ₹ Cr

0.0001% share

−76.61% YoY

0.15% of Sub-Ch. 7228

FY 2022-23 Exp. Rank #4662

Balance

+20.12

Exports

20.16 ₹ Cr

0.0006% share

+170.97% YoY

1.58% of Sub-Ch. 7228

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.94% YoY

0.00% of Sub-Ch. 7228

FY 2023-24 Exp. Rank #4511

Balance

+17.64

Exports

24.02 ₹ Cr

0.0007% share

+19.15% YoY

2.12% of Sub-Ch. 7228

Imports

6.38 ₹ Cr

0.0001% share

+15,850.00% YoY

0.20% of Sub-Ch. 7228

FY 2024-25 Exp. Rank #3773

Balance

+40.24

Exports

44.84 ₹ Cr

0.0012% share

+86.68% YoY

4.71% of Sub-Ch. 7228

Imports

4.60 ₹ Cr

0.0001% share

−27.90% YoY

0.15% of Sub-Ch. 7228

CAGR · 7-Year

Exports

51.76% /yr

Imports

−24.46% /yr

Consistently Surplus
Sub-Chapter 7228 total

reference, FY 2024-25

Export

₹952.60 Cr

Import

₹3,100.80 Cr

Trade Balance

−2,148.20

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72282000 Export-Import Analysis

Consistent Export Growth: 51.76% CAGR Over 7 Years

India's exports under HSN Code 72282000 have grown at a compound annual rate of 51.76% over 7 fiscal years, rising from ₹3.67 Crore in FY 2018-19 to ₹44.84 Crore in FY 2024-25.

HSN Code 72282000 Ranked #3773 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72282000 ranks #3773 out of 12657 HSN codes by total export value. Within Sub-Chapter 7228, it ranks #6 of 27. By trade surplus, it ranks #2318 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 72282000 Exports

The strongest single-year export movement for HSN Code 72282000 was recorded in FY 2022-23, when exports surged by 170.97% over the prior year.

India Maintains a Trade Surplus of ₹40.24 Crore in HSN Code 72282000 Goods

In FY 2024-25, India's exports of ₹44.84 Cr exceeded imports of ₹4.60 Cr, resulting in a trade surplus of ₹40.24 Crore — ranking #2318 of 12657 by surplus magnitude.

Import Growth of −24.46% CAGR Signals Stable Import Dependency for Bars and rods, of silico-manganese steel

India's imports under HSN Code 72282000 have grown at −24.46% CAGR, reaching ₹4.60 Crore in FY 2024-25.

HSN Code 72282000 Contributes 4.71% of Sub-Chapter 7228 Exports — Ranked #6

Among the 27 HSN codes under Sub-Chapter 7228, HSN Code 72282000 ranks #6 by export value — accounting for 4.71% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #18).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72282000 and GST compliance.

What products are classified under HSN 72282000 ?

It includes Spring Steel Bars

Do e‑way bill and e‑invoice apply for Bars and rods, of silico-manganese steel?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Does packaging or labelling change the GST for Bars and rods, of silico-manganese steel?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

How should mixed supplies be billed when Bars and rods, of silico-manganese steel is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Bars and rods, of silico-manganese steel; Nil for exempt items if applicable).

Any common misclassification issue with Bars and rods, of silico-manganese steel?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Bars and rods, of silico-manganese steel?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.